Tech Company Financing Transactions

Ormuco Funding Round

On 8/8/2019, Ormuco raised $4 million in financing from Ministry of Economy and Innovation - Quebec.

Transaction Overview

Company Name
Announced On
8/8/2019
Transaction Type
Venture Equity
Amount
$4,000,000
Round
Undisclosed
Proceeds Purpose
The new investment will support its research and development as well as expand its software engineering team.

Company Information

Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
1200 McGill College Ave. 1910
Montreal QC, H3B 4G7
Canada
Email Address
Overview
Ormuco was founded in 2008 by Orlando Bayter in Montreal, Canada. The company was initially a telecommunications service provider that offered business solutions to companies in Canada and the US. By 2011, Ormuco grew to become a successful managed services provider to large enterprises.
Profile
Ormuco LinkedIn Company Profile
Social Media
Ormuco Company Twitter Account
Company News
Ormuco News
Facebook
Ormuco on Facebook
YouTube
Ormuco on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Orlando Bayter
  Orlando Bayter LinkedIn Profile  Orlando Bayter Twitter Account  Orlando Bayter News  Orlando Bayter on Facebook
VP - Bus. Development
Breno Lima
  Breno Lima LinkedIn Profile  Breno Lima Twitter Account  Breno Lima News  Breno Lima on Facebook
VP - Finance
Nicolas Lévesque
  Nicolas Lévesque LinkedIn Profile  Nicolas Lévesque Twitter Account  Nicolas Lévesque News  Nicolas Lévesque on Facebook


 

 

Browse more venture capital transactions:

Prev: 8/8/2019: AIQ Solutions venture capital transaction
Next: 8/8/2019: Morty venture capital transaction

 

Share this article

 


News on VC Transactions

We do our best to report on funding rounds that are announced publicly. VC investment data records reported here come from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary